In this example, you’ll discover how mathematical optimization can be used to address a macroeconomic planning problem that a country may face. We’ll show you how to model and solve an input-output problem encompassing the interrelationships between the different sectors of a country’s economy.
This model is example 9 from the fifth edition of Model Building in Mathematical Programming by H. Paul Williams on pages 263-264 and 316-317.
This modeling example is at the intermediate level, where we assume that you know Python and are familiar with the Gurobi Python API. In addition, you should have some knowledge about building mathematical optimization models.
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